strategy development and vision creation
Establishing a common vision, shared by hotel owners, operators, employees and all other stakeholders is a key prerequisite for any successful project in the industry. Such strategic visions are cornerstones of hospitality concepts, but also helps teams be aligned to the same objectives, working together efficiently.
Even if your property has already been established in a market for years, during times of slowdown, re-evaluating and adjusting your strategy is necessary and can be a formidable crisis management tool. Making sure that the management understands and shares your vision is crucial.
In our experience, this step should precede any significant investment decisions. If goals and objectives are not aligned early on in the planning process it will have a negative effect on your financial and organisational performance in the future.
Our solution is to engage ownership, operations and other involved parties in a 2-5 days’ workshop (regarding on the size of the project). During the workshop we orchestrate a dialogue that concludes with finding a common ground for the philosophical direction the business has to take to achieve its short, medium and long-term goals. Creating a common vision early on in the planning process can have significant, positive effect on your bottom line.
overview
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